The Hungarian Foreign Ministry allowed the revision of the EU sanctions policy due to cold weather

The Hungarian Foreign Ministry allowed the revision of the EU sanctions policy due to cold weather
Photo is illustrative in nature. From open sources.
Foreign Ministry spokesman Tamas Menzer believes that with the onset of cold weather, "reality is knocking at the door of every country." This may prompt European leaders to change their approach to sanctions against Russia,

The EU may revise its sanctions policy against Russia with the onset of cold weather, the Hungarian Foreign Ministry's Secretary of State for Bilateral Relations Tamas Menzer admitted on M1, Ripost reports.

He noted that with the onset of the cold season, "more and more people see reality." According to the official, when the cold comes and the economy needs to be managed, "reality knocks at the door of every country."

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Menzer said that Hungary does not support the imposition of a ceiling price on Russian gas. He stressed that this measure could be introduced if Europe had enough alternative sources of fuel and could dictate the conditions. However, the representative of the Hungarian Foreign Ministry noted, the new restriction will only lead to the fact that Russia will finally stop supplying gas to Europe and the situation with energy prices will become even worse.

Romanian authorities warn of the most severe winter in Europe in 60 years Politics

Energy prices in Europe are rising against the backdrop of sanctions imposed against Russia, as well as a significant reduction in gas supplies via Nord Stream. Some European countries have already urged citizens and companies to prepare for a difficult winter.

For example, the British regulator Ofgem warned that from October 1, electricity prices in the country will increase by 80%, and the average marginal household bill for the year will exceed £3.5 thousand (more than $4.1 thousand). Against this backdrop, Prime Minister Liz Truss has pledged up to £130bn to fight inflation and the energy crisis.

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In early September, the Financial Times reported that at least ten European countries were in favor of imposing a price ceiling not only on Russian gas, but also on fuel from other suppliers. Among the states supporting this idea are Italy, Poland, Greece. At the same time, they propose to set a ceiling above the current gas prices in Asia and the United States , so that international traders would have an incentive to supply gas to Europe.

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